Among the companies
liquidated this year, most or 94.9 percent were limited liabilities companies, 63.2 percent had halted their business operations before liquidation, 34.1 percent had a tax debt.
Tugade said no more funds will be given to the OTC until the first P3.3 million released to the office is fully
liquidated.
He claimed that BCL was
liquidated because government feared a legal tussle with Norilsk but not the position advanced by government that the mine was unsustainable.
1,24,278 towards
liquidated damages was paid by the Corporation to the appellant on 19-1-2004, on account of Writ Petition No.
This was in violation of Section 89 of Presidential Decree 1445, which requires cash advances to be reported on and
liquidated as soon as the purpose for which it was given has been served.
Demurrage as a Provision for
Liquidated Damages under UAE Law
"The fourth quarter of 2015 saw 240 loans liquidate with an average loss severity of 58.2%, up significantly from the 210 loans that
liquidated with an average loss of 41.9% in the prior quarter," says Senior Vice President, Keith Banhazl.
Global Banking News-March 9, 2016--Avant-Bank to be
liquidatedThe NCUA
liquidated Education Associations Federal Credit Union of Washington Friday.
Chief amongst these mechanisms are
liquidated damages clauses that seek to give to an event of breach of the contract at an unpredictable time with unpredictable consequences, certain quantification.
Zero value payment certificates, zero payment, zero
liquidated damages; these are some scenarios in which 'zero' causes problems to the construction and engineering industry.
Certain provisions in these agreements (e.g., a "
liquidated damages clause") quantify the economic remedy to the firm in the case of the breach of a nonsolicitation or nonservice provision--that is, a
liquidated damages clause is an estimate, made by the parties at the time they enter into their agreement, of the extent of the injury that the firm will probably sustain as a result of a breach.